Analysts Offer Insights on Consumer Cyclical Companies: Packaging (PKG), Tesla (TSLA) and NVR (NVR)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Packaging (PKG – Research Report), Tesla (TSLA – Research Report) and NVR (NVR – Research Report).
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Packaging (PKG)
In a report released today, Gabrial Hajde from Wells Fargo reiterated a Buy rating on Packaging, with a price target of $234.00. The company’s shares closed last Wednesday at $217.61.
According to TipRanks.com, Hajde is a 4-star analyst with an average return of
Currently, the analyst consensus on Packaging is a Strong Buy with an average price target of $240.83, a 9.5% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock.
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Tesla (TSLA)
Wells Fargo analyst Colin Langan maintained a Sell rating on Tesla today and set a price target of $125.00. The company’s shares closed last Wednesday at $431.46, close to its 52-week high of $488.54.
According to TipRanks.com, Langan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Tesla has an analyst consensus of Hold, with a price target consensus of $402.05, implying a -6.9% downside from current levels. In a report issued on January 14, UBS also maintained a Sell rating on the stock with a $307.00 price target.
NVR (NVR)
BTIG analyst Ryan Gilbert reiterated a Buy rating on NVR yesterday and set a price target of $9022.00. The company’s shares closed last Wednesday at $7626.08.
According to TipRanks.com, Gilbert is ranked #1741 out of 12040 analysts.
Currently, the analyst consensus on NVR is a Moderate Buy with an average price target of $8370.50, representing a 10.2% upside. In a report issued on January 16, Bank of America Securities also maintained a Buy rating on the stock with a $8400.00 price target.
